106 2nd Street, Bayard, Guthrie County, IA, 50029

For Sale

$1,300,000 USD
Listed by Crystal Arguello with Realty ONE Group Impact
$1,300,000 USD
  • 20 Baths
  • 3,180 Sqft
  • 0.34 ac Lot Size
  • MultiFamily
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Property Summary for 106 2nd Street

Lot Size
0.34 Ac
MLS Number
Year Built
Full Baths

Description for 106 2nd Street

This CASH FLOWING portfolio consists of four 5 Unit one level buildings being sold as a package located a few blocks from each other. It consists of 11 two bedrooms and 9 one-bedrooms. NEW roof in 2019, NEW windows, and gorgeous brick exterior. The majority of the units have been updated and there is also the opportunity to value add to the other units as they become available. This secure investment sits in the quaint little town of Bayard and is one of the few apartment buildings. This property is HUD qualifying and with new raised HUD limits, your opportunity to increase revenue is great! The seller is also offering this package to be added to the MLS Listing #651881 making this a 44-unit package to be sold at a discounted rate of 2.9M. A vacant unit is available to tour upon request. A signed NDA is required before viewing financials. All units will be available to tour once an offer has been accepted.
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Features for 106 2nd Street

  • Window Unit(s) A/C
  • Asphalt
  • Baseboard
  • Electric
  • Refrigerator
Listing provided by Des Moines Area Association of REALTORS, Inc
Copyright © 2022 Des Moines Area Association of REALTORS®, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listed by:
Crystal Arguello

Realty ONE Group Impact

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Nearby Schools

No elementary schools nearby
No middle schools nearby
No high schools nearby
Data provided by GreatSchools i

Demographics in 50029

  • Total population 537
  • Median age 44.9
  • Total households 245
  • Average people per household 2.2
  • Average household income $56,889
  • Median household income $47,083
Population Y-o-Y Change
Male population 283 -15.8%
Female population 254 -9.6%
Martial Status Y-o-Y Change
Never Married 63 -37.6%
Married 261 -11.5%
Separated 5 0.0%
Widowed 21 -8.7%
Divorced 93 5.7%
Occupation Y-o-Y Change
White Collar 120 -15.5%
Blue Collar 130 -22.6%
Education Y-o-Y Change
No High School 7 -46.2%
Some High School 226 -5.4%
Some College 134 -21.6%
Associate Degree 62 -13.9%
Bachelor Degree 33 -15.4%
Housing Y-o-Y Change
Total housing units 306 -10.0%
Owner occupied 210 -7.1%
Renter occupied 35 -32.7%
Median year built 0 0.0%
Occupied Housing Units 245 -11.9%
Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2019 American Community Survey. The information is updated yearly, as soon as new data is made available by the US Census Bureau.
No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

Additional Information About 106 2nd Street, Bayard, Guthrie County, IA, 50029

106 2nd Street, Bayard, Guthrie County, IA, 50029 is currently for sale for the price of $1,300,000 USD. The property has a lot size of 0.34 ac and was built in 1966.

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